Quote Originally Posted by Flamed03
You might want to take an economics class or two. KBB is a guideline. Market value trumps book value every time. They do not factor in collectability, rarity, or anything else. You think there is a dealer in the nation that would sell a 1993 Cobra for book value? What about a 1993 Cobra R, 1995 Cobra R, or even a MarkIV Supra? I mean, KBB has them (the Supra) at $18,000 for a 50,000mile 1993 car in perfect condition. Actually, they are WORTH about twice that. Worth is what someone will pay for something. In terms of collectable cars, the average of what similar cars sell for is the worth. It is determined by the market. Not by a book.

Ohh, and just a thought, I took a guess and said your M3 was a 2008. Just a guess. I really doubt it’s a ’08, but whatever. I also guessed it had 50,000 miles, and was in excellent condition. Well, looks like that M3 would go for about $37,000. I mean, you want to quote what your car is worth new, off the show room floor in one case, then claim that KBB is what a car is worth. Whatever. Either way, in a couple years it will be worth about half that. If it’s a ’06, your M3 will bring a whopping $24,000. Either way you’re a moron if you bought a M3 new, as you can pick them up 6 months old with low miles for half of sticker.

I never post over here, but this was so ignorant I couldn’t resist.
man, yall get off this bs stuff!!! it's just really lame. we all know what the differences are, only one big difference, banks go by n.a.d.a. and kbb...people depending on rareness or coolness of a car determines market value along with alot of other things but the bank is very unlikely(especially nowadays) to give you a loan for it other than what nada and kbb say it's worth....that's the simple long and short of it, call a bank and try to get $80k for my hardtop poopra, they'll laugh in your face...but doesnt mean in the market that it wont sell for that to someone with the cash to buy it